Reliance Controls Corporation
$542,300 PPP Loan in Racine, Wisconsin
Loan Details
- Loan Number
- 3495187203
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $542,300
- Current Approval
- $542,300
- Forgiveness Amount
- $547,753
- Forgiveness Date
- May 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Reliance Controls Corporation
- Address
- 2001 Young Ct
- City
- Racine
- State
- Wisconsin
- ZIP Code
- 53404-1893
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- $14.7M
- Rural/Urban
- Urban
- Congressional District
- WI-01
Loan Use Breakdown
- Payroll
- $406,725
- Utilities
- $67,787
- Mortgage Interest
- $67,788
Lender Information
- Servicing Lender
- Johnson Bank
- Originating Lender
- Johnson Bank
Other PPP Loans in Racine, WI
| Business | Approved | |
|---|---|---|
| Twin Disc, Inc. | $8,199,500 | |
| Aw Oakes & Son INC | $3,138,500 | |
| Siena Catholic Schools of Racine, Inc. | $2,277,700 | |
| Pioneer Products, INC | $1,938,400 | |
| Burlington Graphic Systems, Inc. | $1,904,300 |
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